Tuesday, June 30, 2015
Safire Partners Executive Search
Safire Partners has completed 500+ retained executive searches since 2006 working with emerging businesses in Southern California. Please visit our website to see an updated list of our clients and searches completed at http://www.safirepartners.com/. We are always interested in meeting new candidates and potential clients, so feel free to email our Managing Partner, Todd Gitlin at tg@safire.la.

HomeHero Gets $23M For Senior Home Care Marketplace
Santa Monica-based HomeHero, a new startup providing an online marketplace for in-home, senior care services, said Tuesday afternoon that it has raised $20M in a Series A funding round. The funding came from Graham Holding Company, along with Social+Capital Partnership, Tencent Holdings Limited and The Launch Fund. The funding comes on top of an earlier, $3M seed round for the company last year from SocialCapital. HomeHero is led by Kyle Hill. The company said the funding will go towards expansi (More info...)

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Chrome River Finds $100M In Funding
Los Angeles-based enterprise software maker Chrome River, which develops cloud-based software used for expense reporting and automated invoice processing, announced today that it has raised $100M in a Series D funding round. The funding came from Great Hill Partners. Chrome River said it will use the funding to accelerate global growth and support product innovation. Chrome River was co-founded by Alan Rich and Dave Terry, and has quietly grown to become one of Southern California's fastest grow (More info...)

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Nativo Raises $20M For Native Advertising
Los Angeles-based Nativo the native advertising technology developer led by Justin Choi, said Tuesday morning that it has raised $20M in a Series B funding round. The funding was led by Advance Vixeid Partners (AVP), and also included RezVen Partners and the company's other existing investors. Nativo said it will use the new funding to scale its operations. The funding now brings its total raised to $31.2M. The company's prior investors include Greycroft Partners, Signia Ventures, Bertelsmann Di (More info...)

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Inari Medical Finds $12.4M
Irvine-based medical device developer Inari Medical has raised $12.4M in a Series B funding, the company announced this morning, for its efforts to develop medical devices for the vascular thrombus and emboli. The funding came from Versant Ventures and US Venture Partners, both of which are existing investors in the company. Inari also said tun-named, medical device industry veterans also joined in the round. Inari Medical is led by Bill Hoffman.

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Quarterly Gets Funding From Science
Los Angeles-based subscription box service Quarterly, which develops unique gift boxes every three months from such influencers as Pharrell Williams, Bill Nye the Science Guy, and actress Rosario Dawson, has raised a round of funding and connected with Los Angeles-based Science Inc.. Size of the investment was not disclosed. The two said they will also partner to leverage Science's growth engine and business strategy expertise, as well as tap into Science's network of influencers. Quarterly is l (More info...)

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Semtech Sees First Low Power Networking Chip Deployment
Camarillo-based Semtech said today that it has seen its first deployment of its low power, wide area networking chipsets in North America, via network-as-a-service provider Senet. According to Semtech, Senet has deployed 50 towers with a network coverage of more than 15,000 square miles, using Semtech's LoRa technology, for an Internet-of-Things application. Semtech's technology is initially being used by a utility delivering propane and heating fuel. The two said the network is now also being a (More info...)

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Linksys Ships New High Gain Wi-Fi Antennas
Irvine-based Linksys, the unit of Belkin which develops home and business networking equipment, said today that it has launched a new, high gain antenna for Wi-Fi networks. The company said its new, dual-band, omni-directional antennas help provide roughly 2 times the performance over stock antennas on most wireless routers. The new antennas--which provider 4dBi gain in 2.4Ghz and 7dBi in 5Ghz--are aimed at use at the edge of Wi-Fi networks, and simply replace a router's existing RP-SMA antenna. (More info...)

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AnaptysBio Names Board Members
San Diego-based therapeutic antibody developer AnaptysBio announced this morning that it hass named two new board members. AnaptysBio said it added Hollings Renton--the former CEO and president of Onyx Pharmaceuticals-- and John Schmid--former CFO of Auspex Pharmaceuticals--to add strategic plannning and corporate finance exertise to the company's board. Renton also served at Chiron Corporation, Cetus Corporation, and is currently onn the boards of Portola Pharmaceuticals, Cepheid, and Kythera B (More info...)

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KeyInfo, Wilcon:Fiber Ring Connectivity For LA and Ventura County
Key Information Systems, Inc. (KeyInfo), a leading cloud and infrastructure provider offering integrated solutions to enterprises, has announced the launch of its dedicated fiber ring built in partnership with Wilcon, the premier West Coast provider of private fiber optic networks. The KeyInfo fiber ring brings high-speed, private connectivity to businesses in Los Angeles and Ventura Counties. Because of its characteristic high security, fiber is an ideal choice for industries with highly regulated or sensitive data requirements. Organizations in the healthcare, financial, retail and government verticals can depend on Wilcon’s absolute physical layer security to protect the data in transit.

For more information about the KeyInfo fiber ring, please visit our website at:

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